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. >> the guess call cliff is less -- the fiscal cliff is less than a month away. >> house speaker john boehner and -- may be willing to take the plunge. doug luzader has more. >> the white house is drawing one line in the sand after another. republicans will give in as we approach the end of the year. >> we can solve this in about a week. it's not that tough. >> the president speaking to business leaders in washington. saying he is willing to make a deal. but his point man on fiscal cliff negotiation struck a much different tone. if republicans don't but specifically tax rates on upper earners the white house is ready to go right over the cliff. >> we see there's no prospect to an agreement that doesn't involve those rates going up on the top 2%. >> largely backs the president on those rates. 48% support the plan to raise them on upper earners compared to 32% of leaving rates unchanged. when it comes to government spending, the gop has the edge. to help balance the budget, spending cuts should take precedence over tax hikes, 46 to 30%. and leaders in congress who met with business lead
. >> the guess call cliff is less -- the fiscal cliff is less than a month away. >> house speaker john boehner and -- may be willing to take the plunge. doug luzader has more. >> the white house is drawing one line in the sand after another. republicans will give in as we approach the end of the year. >> we can solve this in about a week. it's not that tough. >> the president speaking to business leaders in washington. saying he is willing to make a deal. but his...
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no progress in resolving the fiscal cliff today. i know, you're not surprised by that, but we can report there were, well, some contact between the two principle players in the negotiations if there were negotiations. president obama and speaker john boehner actually talked to one another. it was on the telephone. it was not the face-to-face meeting the speaker says is necessary, but it was the first time that the two men have spoken in a week. for the latest on these stalled negotiations, we turn to fox news chief white house correspondent ed henry for the report. >> trying to lay blame for stalled budget talks on republicans, president obama today wratcheted up pressure on boehner. >> nobody wants this done more than me. >> for the first time, plan for massive spending cuts from going over the fiscal cliff warning business executives, the economy could take another hit if republicans decide to extend just to middle class tax cuts to avoid the cliff for now and come back next year with more leverage to tie spending cuts and medicar
no progress in resolving the fiscal cliff today. i know, you're not surprised by that, but we can report there were, well, some contact between the two principle players in the negotiations if there were negotiations. president obama and speaker john boehner actually talked to one another. it was on the telephone. it was not the face-to-face meeting the speaker says is necessary, but it was the first time that the two men have spoken in a week. for the latest on these stalled negotiations, we...
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to raise taxes to 39.6%, and i think that'll take the edge off the fiscal cliff. david: let's take this discussion out of the beltway and into the real world. the economy, and, jeff, i want to start with you because you're bullish, but if you're so bullish, hy are you downgrading housing right now? >> because our housing team made a really good call on the housing stocks, and they outran their valuations on a short to intermediate-term basis. they downgraded them about two months ago. liz: okay, so where's the money? show it to us. >> i like just about everything except consumer staples. i think industrials look good, i think they are the new consumer staples. i think that consumer staples are the new investment vehicles of utility investors -- liz: and you like american tower, sba communications, you know, i just wonder why specifically that? is it sort of the cycle that you expect? we'll have a coiled spring from people holding back from spending? >> no. eventually, your computer's going to be in your cell phone or your quite, and you need -- your device, and yo
to raise taxes to 39.6%, and i think that'll take the edge off the fiscal cliff. david: let's take this discussion out of the beltway and into the real world. the economy, and, jeff, i want to start with you because you're bullish, but if you're so bullish, hy are you downgrading housing right now? >> because our housing team made a really good call on the housing stocks, and they outran their valuations on a short to intermediate-term basis. they downgraded them about two months ago....
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why give in on taxes and the fiscal cliff fight when you will have all the leverage. megyn: simon? >> in the rasmussen poll that came out today the republicans lost 10 points since the election in the congressional generic fight. they are losing this economic argument right now. if they pull what mark is saying, you are going to see the republican party's numbers in the 20s. they have no leverage on this thing. >> not going to happen. megyn: we'll leave it at that. thank you both. just ahead. a much more somber note. new warning about the sarin gas threat in syria. city drivers claim a class action that the traffic cameras are actually rigged. soot whole world is watching and the president of the united states made clear there will be consequences if the assad regime makes a terrible mistake by using these chemical weapons on their own people. megyn: that was leon panetta with a warning that the united states and our allies will not tolerate a chemical attack by syria. we got reports that they were mixing the chemical weapons earlier this week. focusing new attention on saddam huss
why give in on taxes and the fiscal cliff fight when you will have all the leverage. megyn: simon? >> in the rasmussen poll that came out today the republicans lost 10 points since the election in the congressional generic fight. they are losing this economic argument right now. if they pull what mark is saying, you are going to see the republican party's numbers in the 20s. they have no leverage on this thing. >> not going to happen. megyn: we'll leave it at that. thank you both....
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house speaker boehner said that will be a debating point in the debt ceiling and in the fiscal cliff when it comes to that. ashley: certainly will. milton ms. rought at this, thanks for being with us for your perspective on the market when we see what happens in washington. thanks so much. >> thank you. tracy: he is oozing confidence in washington, isn't he? ashley: yes. dripping with sarcasm i think is more --. tracy: sham else about. i love that word. it's a shambles. there is so much more ahead this hour including a biotech ceo what is hurting innovation in the sector. you guessed it, obamacare. a corda's ron cohen is here. ashley: apple making lots of news with its stock swings. reports it is shifting production away from china back to the u.s. as we do this time every day, look how oil is trading. down nearly 2%. bun a buck 73 at 86.15 a barrel. we'd be right back there is no mass-produced human. every human being is unique. and there is one store tha. the sleep nuer store. the only place in the world you'll find the extraordinarily comfortable sleep number experience. an exclus
house speaker boehner said that will be a debating point in the debt ceiling and in the fiscal cliff when it comes to that. ashley: certainly will. milton ms. rought at this, thanks for being with us for your perspective on the market when we see what happens in washington. thanks so much. >> thank you. tracy: he is oozing confidence in washington, isn't he? ashley: yes. dripping with sarcasm i think is more --. tracy: sham else about. i love that word. it's a shambles. there is so much...
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tomorrow the big jobs report and then there was the issue of the fiscal cliff. 11,000 in citigroup. i wonder if we start seeing things before next year. people are not hiring people. >> and we've talked a lot about this, ceos have already had to make their plans known to their boards. so it's had its impact. >> getner says the obama administration is only too willing to go over the qulif. cliff. do they mean marginal rates, or just rates. >> that's what's going to be worked out, the last minute deal that's where you find wiggle room. >> i guarantee you there's guys in boehner's camp that are ready to go over, too. >> but he's been moving to marginalize those peel. this is his way of taking control of the party. >> the question is why do they care where the money comes from. if you have a revenue target, then fine. but we need $800 million in revenue. john wehner figured it out. and boehner can turn around and say i need $6 trillion in titlement cuts. and they can each take each other's playbook and try and figure out what they would like best to -- figure out the number and figure o
tomorrow the big jobs report and then there was the issue of the fiscal cliff. 11,000 in citigroup. i wonder if we start seeing things before next year. people are not hiring people. >> and we've talked a lot about this, ceos have already had to make their plans known to their boards. so it's had its impact. >> getner says the obama administration is only too willing to go over the qulif. cliff. do they mean marginal rates, or just rates. >> that's what's going to be worked...
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yep, the president and speaker boehner hold a fiscal cliff phone call, but there is still one big problem. the white house doesn't seem to want to budge! they want a tax and spend. >> if congress in any way suggests that they're going to tie negotiations to debt ceiling, i will not play that game. >> gretchen: so michelle malkin is going to stop by and she says the president needs to read the constitution? she's right around the corner. >> steve: and this experiment shows what happens when pot heads meet potholes. so is our safety at risk behind the wheel now that marijuana is legal in two states? recreational marijuana. a live report straight ahead. >> brian: plus, rare personal look inside the life and mind of one of the most feared men ever to play heavyweight boxing for a sport. a former champion. mike tyson joins us live and open up about his marriage. startling revelation about his drug use and will he or will he not be in "hangover 3". that's the penetrating question my son needs to know. "fox & friends" starts now. >> you'll shoot your eye out, kid. merry christmas. ho, ho, ho. >>
yep, the president and speaker boehner hold a fiscal cliff phone call, but there is still one big problem. the white house doesn't seem to want to budge! they want a tax and spend. >> if congress in any way suggests that they're going to tie negotiations to debt ceiling, i will not play that game. >> gretchen: so michelle malkin is going to stop by and she says the president needs to read the constitution? she's right around the corner. >> steve: and this experiment shows what...
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fiscal cliff. today the president h showcasing -- steve liesman asked the treasury sec temporary about the possibility of going over the cliff. >> i want to understand the administration's position when it comes to raising taxing on the wealthy, those making more than $250,000. if republicans do not agree to that, is the administration prepared to go over the fiscal cliff? >> absolutely. there's no pros teblpect to the agreement that doesn't involve taxes going up on the wealthiest 2%. remember it's only 2%. >> i talk every day to our customers around this country, around the world sometimes for that matter too, but around the country, and they are all scared to death what happens in january, nobody knows, but all i know is going over the cliff is too hot to handle, it's an option we just can't stare in the face and there's no way we can do it. they will get us through this in one form or fashion. >> interesting call. conventional wisdom, obviously the white house and the secretary hardening their
fiscal cliff. today the president h showcasing -- steve liesman asked the treasury sec temporary about the possibility of going over the cliff. >> i want to understand the administration's position when it comes to raising taxing on the wealthy, those making more than $250,000. if republicans do not agree to that, is the administration prepared to go over the fiscal cliff? >> absolutely. there's no pros teblpect to the agreement that doesn't involve taxes going up on the wealthiest...
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. >>> we're going to turn to the latest on the fiscal cliff. just 26 days before everyone's taxes go up and programs get cut. jon karl is following it all. a small breakthrough yesterday, president obama and house speaker john boehner got on the phone. >> reporter: that may not sound like much, george. but it's the first time the two men have spoken in a week. and what may be the most significant sign of progress, neither side talked about what was said on the call, an indication they may be serious about negotiating in private. >> we're starting to see some republicans concede that tax rates on the wealthy, at least, are going to have to go up. the president has another rock-hard bottom line. that's an increase in the u.s. debt limit, as well. >> reporter: that's right. republicans even top republicans, say the tax rates are going to almost certainly go up. but on this question of the debt ceiling, the government reaches the limit of how much money it can borrow in february. republicans say they will exact a price for that. they want spending
. >>> we're going to turn to the latest on the fiscal cliff. just 26 days before everyone's taxes go up and programs get cut. jon karl is following it all. a small breakthrough yesterday, president obama and house speaker john boehner got on the phone. >> reporter: that may not sound like much, george. but it's the first time the two men have spoken in a week. and what may be the most significant sign of progress, neither side talked about what was said on the call, an indication...
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the looming fiscal cliff. the president resumed discussions with boehner on wednesday. however, treasury secretary tim geithner kept up the tough talk telling cnbc the administration would let automatic spending cuts and tax increases take effect if republicans refused to raise tax rates on upper income americans. >>> secretary of state hillary clinton and russia's foreign minister are holding surprise talks today on the deepening crisis in syria. the u.s. is concerned that syrian president assad's regime is on the verge of releasing chemical weapons against its own people. allies want assad to step down to prevent bloodshed. russia is syria's strongest ally. so support for any plan is critical. >>> search and rescue teams are still finding survivors two days after a powerful typhoon bopha struck the southern philippines, but the death toll has climbed beyond 375, and hundreds of people are still missing there. survivors include a 3-year-old child pulled from under a crumbled house and a man who lived for two
the looming fiscal cliff. the president resumed discussions with boehner on wednesday. however, treasury secretary tim geithner kept up the tough talk telling cnbc the administration would let automatic spending cuts and tax increases take effect if republicans refused to raise tax rates on upper income americans. >>> secretary of state hillary clinton and russia's foreign minister are holding surprise talks today on the deepening crisis in syria. the u.s. is concerned that syrian...